Short Interest in iShares Silver Trust Decreases By 15.0% (SLV)
Shares of iShares Silver Trust (NYSE:SLV) were the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totalling 17,370,113 shares, a decline of 15.0% from the July 15th total of 20,437,911 shares, AnalystRatings.NET reports. Based on an average daily trading volume, of 5,895,608 shares, the short-interest ratio is presently 2.9 days. Currently, 0.0% of the shares of the company are sold short.
Shares of iShares Silver Trust (NYSE:SLV) traded down 0.98% during mid-day trading on Tuesday, hitting $18.6857. The stock had a trading volume of 1,518,475 shares. iShares Silver Trust has a one year low of $17.91 and a one year high of $23.84. The stock has a 50-day moving average of $19.75 and a 200-day moving average of $19.39.
iShares Silver Trust (NYSE:SLV) owns silver transferred to the Trust in exchange for shares issued by the Trust (Shares).
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